On the NYSE, Limit Order Prices Receive Preference in Establishing

question 31

Multiple Choice

On the NYSE, limit order prices receive preference in establishing the posted bid and ask prices if they are more favorable than the specialist's. Therefore

• A)a specialist must fill a limit order, if possible, from his own account before trading the flow of public orders.
• B)specialists must fill a limit order, if possible, from the flow of public orders before trading for his own account.
• C)a specialist must change his posted bid and ask prices to reflect the available limit orders.

---

Definitions:

Type D Personality

A personality type characterized by high levels of stress, negativity, and the tendency to experience emotions intensely and privately.

Cortisol

A steroid hormone produced by the adrenal glands, often released in response to stress and low blood-glucose concentration.

Excessive Amounts

Excessive amounts describe quantities that surpass what is normal, necessary, or reasonable, often with negative consequences.

Coronary Heart Disease

A condition characterized by reduced blood flow to the heart muscle due to buildup of plaque in the coronary arteries, leading to heart attacks and angina.